ECONOMY

Progressive income tax rates revised: 1% levy on earnings up to Rs 10 lakh

Progressive income tax rates revised: 1% levy on earnings up to Rs 10 lakh

Under the new arrangement, individuals earning up to Rs 10 lakh per year will be subject to a 1 percent income tax. Inco...

Under the new arrangement, individuals earning up to Rs 10 lakh per year will be subject to a 1 percent income tax. Inco...

May 29, 2026

ECONOMY

Nepal opens housing, stock market access to foreign investors and NRNs

Nepal opens housing, stock market access to foreign investors and NRNs

Presenting the budget for the upcoming fiscal year, Finance Minister Dr. Swarnim Wagle said the reforms are designed to...

Presenting the budget for the upcoming fiscal year, Finance Minister Dr. Swarnim Wagle said the reforms are designed to...

May 30, 2026

ECONOMY

New tariff regime targets import substitution push, boost domestic industries

New tariff regime targets import substitution push, boost domestic industries

The government has introduced a 5%–15% import protection levy on more than 200 goods to promote domestic industrie...

The government has introduced a 5%–15% import protection levy on more than 200 goods to promote domestic industrie...

May 30, 2026

ECONOMY

RSP-led government presents distribution-oriented budget amid debt concerns

RSP-led government presents distribution-oriented budget amid debt concerns

Ambitious FY 2026/27 budget draws mixed reactions from stakeholders

Ambitious FY 2026/27 budget draws mixed reactions from stakeholders

May 30, 2026

ECONOMY

Govt slashes duties, boosts IT and EV sectors in bold budget push

Govt slashes duties, boosts IT and EV sectors in bold budget push

The government has unveiled a sweeping budget introducing major tax reliefs for the IT sector, reforms in EV and electri...

The government has unveiled a sweeping budget introducing major tax reliefs for the IT sector, reforms in EV and electri...

May 30, 2026

ECONOMY

3% levy on private schools and hospitals raises questions on cost of education and healthcare

3% levy on private schools and hospitals raises questions on cost of education and healthcare

Introduced through the Economic Bill 2083 by Finance Minister Dr. Swarnim Wagle in Parliament on Friday, the provision r...

Introduced through the Economic Bill 2083 by Finance Minister Dr. Swarnim Wagle in Parliament on Friday, the provision r...

May 30, 2026

WORLD

Myanmar to allow replacement of old vehicles with EV

Myanmar to allow replacement of old vehicles with EV

In a notification dated May 28, the ministry said the program is part of efforts to reduce fuel consumption, improve roa...

In a notification dated May 28, the ministry said the program is part of efforts to reduce fuel consumption, improve roa...

May 30, 2026

WORLD

Pigeons may be navigating with their liver, study suggests

Pigeons may be navigating with their liver, study suggests

Animals use various techniques to navigate including following the stars and remembering key landmarks. Birds, fish and...

Animals use various techniques to navigate including following the stars and remembering key landmarks. Birds, fish and...

May 30, 2026

WORLD

Vance says progress made as US-Iran deal awaits Trump green light

Vance says progress made as US-Iran deal awaits Trump green light

Trump remained notably silent into Friday morning, despite US sources telling AFP a deal just needed his sign-off, under...

Trump remained notably silent into Friday morning, despite US sources telling AFP a deal just needed his sign-off, under...

May 30, 2026

ECONOMY

Govt budget expands spending, eases tax burden for salaried earners

Govt budget expands spending, eases tax burden for salaried earners

Finance Minister Dr Swarnim Wagle announced allocations across recurrent, capital and financial management headings that...

Finance Minister Dr Swarnim Wagle announced allocations across recurrent, capital and financial management headings that...

May 29, 2026